Forex Technical Analysis Euro vs dollar forex traders finally received the price action they have been craving for so long as the forex pair broke above the pennant formation which has been forming during August with a strong break higher to take the rate through...

Forex Technical Analysis With the UK market closed yesterday for a national holiday, trading volumes in the euro vs dollar were relatively thin, and as a result we saw a volatile day of forex trading on little news, with the candle ending as a doji,...

Forex Technical Analysis The euro vs dollar continues to struggle to break above the 1.44 technical level on the daily forex chart, which increasingly seem to be becoming a key level for the forex pair. Following Thursday’s strong move higher, technical view was that this...

Forex Technical Analysis Once again the euro vs dollar promised much but delivered little in yesterday’s forex analysis, with the threatened breakout in early trading failing to materialise, and the currency pair falling back later in the session to end the day with a weak...

Forex Technical Analysis An interesting trading session for the euro vs dollar pair which ended the day with a narrow spread doji candle which once again perched neatly on the 40 day moving average, suggesting that the pair may have found some support at the...

Forex Technical Analysis for the Euro vs Dollar Yesterday’s relatively wide spread down bar on the euro vs dollar chart was significant for two reasons: firstly prices opened gapped down from Friday’s close suggesting that the bearish sentiment which is currently evident may have some...

Yesterday’s forex chart analysis for the euro vs dollar pair indicated once again that the Euro is refusing to fall as evidenced by Wednesday’s which found support from the 40 day moving average followed by Thursday’s candle which edged towards the 9 day moving average,...

Following the recent “waterfall” in the euro vs dollar yesterday’s price action came as no great surprise as the currency pair attempted to re-base around the 1.41 price point ahead of the FOMC meeting which is due to complete later today. The low of both...

The current sea change of sentiment towards the US Dollar has resulted in a huge shakeout in the euro vs dollar pair. Whether this is a temporary reversal or the start of a renewed love affair with the greenback still remains to be seen and...